In fact, Musk has privately invested a lot in Bitcoin, and now Bitcoin has become the largest cryptocurrency in the world, with the largest number of users. As an improved version of Bitcoin, it is understandable that dogecoin is loved by it. Compared with Bitcoin, dogecoin has a faster transaction speed, and the number and convenience of transactions are also better than Bitcoin.
Doecoin has become the object of capitalist speculation because of its good preconditions, and the public's follow-up has made Doecoin worth a rising tide.
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The price of dogecoin used to be very low;
Dog Coin, also called "Dog Coin" or "Dog Coin" by some people, was born on February 8, 20 13. It is mainly based on Scrypt algorithm. It is understood that dog currency is the second largest virtual currency in the world after bitcoin among international users. Like Bitcoin, it is a global currency initiated by the people, which can transfer money quickly and at low cost around the world.
When dogecoin was first established, it lived in Reddit community all the year round because of its low price and friendly community, and its popularity and popularity were high. However, according to OKEx (Global Digital Assets Trading Platform), from 20 19 to 1 at the beginning of this year, the price in dogecoin was very low, never exceeding 0.0 1 USD (about 0.064 USD).
With the publicity of celebrities such as Musk, the price of dogecoin has now soared 1.400%. In the past 1 month, dogecoin frequently appeared in the increase list of major exchanges, which led to the soaring of dogecoin and became one of the top ten cryptocurrencies in market value.